494/496 Flambeau Ave, Phillips, WI 54555

Looking to add to your rental portfolio or get started in real estate investing? This full duplex at 494 & 496 Flambeau Ave in Phillips offers two separate 2-bedroom, 1-bath units in a convenient in-town location, creating an appealing opportunity to invest, build rental income, or offset your own housing costs. Both units offer approximately 900 finished square feet, featuring an eat-in kitchen, living room, two bedrooms, full bathroom, and separate access to a divided basement with laundry facilities. Unit 496 was remodeled with new flooring, paint, blinds, refrigerator, pantry, and a newer washer and dryer. The units have separate mechanicals and utilities, including forced air furnaces (serviced annually), central air, water heaters, water meters, and natural gas meters, allowing tenants to manage their own utility expenses. Outside, the detached two-car garage provides valuable parking and storage, with an owner's storage room, small workbench, and most backup items included, such as an extra dryer and tools. The manageable lot offers room to enjoy the outdoors without extensive yard maintenance. Unit 496 features a concrete patio, while unit 494 offers a private deck, giving each unit its own outdoor space to enjoy. Just minutes from local shopping, restaurants, and everyday amenities, you'll also be close to the Phillips Chain of Lakes, area parks, and miles of ATV and snowmobile trails for year-round Northwoods recreation. Whether you're expanding your portfolio, purchasing your first income property, or considering living in one unit while renting the other, this duplex offers flexibility, practical features, and income potential in the heart of Phillips. Come explore the possibilities!